SEOUL, Oct. 21 (Korea Bizwire) — When Sanae Takaichi walked into Japan’s Diet chamber on Tuesday to become the country’s first female prime minister, the moment marked both a breakthrough and a question mark for East Asia’s uneasy diplomacy. In Seoul, officials were quick to strike a tone of optimism. “We will continue to closely communicate [...]
South Korea’s Nuclear Export Deal with Westinghouse Sparked by U.S. Ruling on Reactor Technology Origins SEOUL, Oct. 20 (Korea Bizwire) — The South Korean government’s controversial settlement with U.S. firm Westinghouse over nuclear technology rights was driven by a 2024 decision from the U.S. Department of Energy (DOE) declaring that Korea’s APR1400 reactor design contains American-origin [...]
WASHINGTON, Oct. 17 (Korea Bizwire) – South Korea’s top economic policymakers gathered in Washington this week, pressing to finalize a landmark trade agreement that could redefine the industrial and strategic alignment between Seoul and Washington. Industry Minister Kim Jung-kwan and U.S. Commerce Secretary Howard Lutnick met Thursday for what officials described as an “in-depth” two-hour discussion [...]
DAEGU, Oct. 16 (Korea Bizwire) — The recent killing of a South Korean college student from Yecheon, North Gyeongsang Province, in Cambodia has shed new light on how young Koreans are being lured overseas by criminal networks with false promises of easy money, court records show. A Daegu District Court ruling issued in May detailed the [...]
SEOUL, Oct. 14 (Korea Bizwire) – China announced Tuesday it will impose retaliatory measures against five U.S.-based subsidiaries of South Korean shipbuilder Hanwha Ocean Co., accusing them of cooperating with a U.S. investigation targeting China’s maritime and shipbuilding industries. In a statement, the Chinese commerce ministry claimed Hanwha Ocean’s U.S. affiliates assisted and supported the [...]
SEOUL, Oct. 14 (Korea Bizwire) — South Korean lawmakers across party lines have condemned the government’s handling of a sharp rise in kidnapping and confinement cases involving Korean nationals in Cambodia, urging swift and decisive measures — including the possibility of military intervention — to protect citizens abroad. During a National Assembly audit on Sunday, Rep. [...]
WASHINGTON, Oct. 9 (Korea Bizwire) – A leading Washington think tank has warned that South Korea’s reluctance to challenge China militarily or economically could complicate U.S. strategy in Asia, even as it praised Seoul’s technological prowess as vital to the allies’ shared interests in an era of intensifying competition with Beijing. In a report released Wednesday [...]
LONDON, Oct. 1 (Korea Bizwire) — Visitors to the Palace of Westminster, home to the British Parliament and one of London’s most iconic landmarks, can now explore its historic halls with the help of a Korean-language multimedia guide. From Oct. 1, the Parliament’s visitor booking website has offered Korean, alongside Japanese and Polish, as new [...]
SEOUL, Oct. 1 (Korea Bizwire) — Fewer than half of South Koreans believe unification with the North is necessary, though support has edged higher compared with a year ago, a new survey shows. The 2025 Unification Awareness Survey, conducted by Seoul National University’s Institute for Peace and Unification Studies and Gallup Korea, found that 41.1 [...]
SEOUL, Oct. 1 (Korea Bizwire) — South Korea’s largest conglomerates have sharply increased their lobbying expenditures in the United States, more than doubling their spending in the past five years as they navigate regulatory pressures, trade disputes, and large-scale investments in America. According to new data released Wednesday by corporate tracker CEO Score, 52 Korean [...]